Realty Know-How

Helping You Find The Right Place
  • Home
    • Advertising with RealtyKnowHow
  • Products
RSS

Recent Posts

  • Location, Location, Location Is Still Most Important Factor In Real Estate
  • The Importance of Location in Real Estate

Monthly Archives

  • May 2012

Static Pages

Advertising
May07

Location, Location, Location Is Still Most Important Factor In Real Estate

by admin on May 7th, 2012 at 8:34 pm
Posted In: Uncategorized

Again, to each his own regarding the ideal property.  What might be good for one person might not be for another.  Here is an interesting take from the Szerlip’s Real Estate Blog.  It talks about important considerations for the 20 something crowd in the Boston area.  I quote, “The old adage of location, location, location is back in vogue.  Judging from yesterday’s article in the Home section of the Boston Globe the old reliable towns have suffered the least in home prices.  The truth is, there is a reason why certain towns retain a cache, yes, yes, good schools are important, but is that the only reason?  When I drive around Newton, Brookline, Wellesley and Weston you see thriving town centers, ok maybe not Weston, but you see a history in these towns.  Let’s talk about Newton first; Newton has a symphony orchestra, a music and ballet school an established Art Center, a phenomenal library, 4 colleges and a fabulous commute to Boston or Logan.  If I decide I want to go to Boston, I just go, I can be there in 12 minutes by car or I take the Green Line.  The outer suburbs; going to Boston becomes an event.  Wellesley has probably the best downtown and a slew of new restaurants along with the Library, shopping…Brookline has a very involved community, different villages offering different things appealing to young and old.  When I meet a new buyer I always try to get a feel for what they like, while cautioning them that you are buying more than a house you are buying a lifestyle.  Many young buyers get caught up with the BIG HOUSE and BIG YARD, but that is all they have in outlying suburbs.  You meet people just like yourself, upwardly mobile with good jobs who think the American dream is a bigger house and yard, but is a big house and yard all you want from where you live?  No thriving downtown, no libraries, symphonies etc…why…because the towns are too new, all the money is spent getting the schools and infrastruture up to speed.  I believe the most important quality a vibrant town offers is its older citizens.  These are the people that fought for the libraries, the schools, the arts, even the zoning restrictions.  I can’t tell you how many interesting people I have met just walking the dog.  You cannot meet your neighbors if you live on a 2 acre property at the end of a cul-de-sac.  You can’t walk into town and have a cup of coffee at the local coffee shop or bakery because people don’t linger at Dunkin Donuts.  What makes strong communities?– the businesses in town that are second and third generation, the art and book stores that have recently opened, the hair salons, the upscale and ordinary clothing stores owned by people who live here.  Many owners live here but their employees may not, but they can get here by public transportaion.  And most definitley, all the retired people who don’t want to leave because it’s so comfortable here, their friends and grandchildren are here, and yes, the Museum of Fine Arts is only 12 minutes away.”

 

 Comment 
May04

The Importance of Location in Real Estate

by admin on May 4th, 2012 at 8:03 pm
Posted In: Uncategorized

Almost anyone who has bought a piece of real estate  in a bad location will tell you that they wished they had looked closer at the property. When you are looking for your first home you might be thinking there is a lot that you can deal with just so you do not have to live in that small, loud apartment anymore, but ask around…. there are thousands of people who have chosen a bad location.  Real estate is a huge investment for most of us, and it is terrible buy a house in a location that you hate.

There are many things to look at when deciding on a location. I will point out a few examples.  Even if you do not have kids and never want to have kids, you need to think about the schools in the area. If you are in an area that has the best schools and is desired by parents, the area is probably a good area to be in. Also, good schools and good areas means that the homes will resale better.

Another… if there are bars on all the windows and doors of the houses that you are looking at buyer beware. If you have always imagined yourself living downtown, within walking distance of shopping and coffee shops, but you get a look at all the homes and they look like a high security prison- it means there is crime in the area. You do not see many farm houses in the middle of nowhere with bars on the windows. You know why? No crime. I’m just saying… it’s a valid consideration.

Also, it may benefit you  to notice if there is some kind of transportation service in the area of you home that could become an annoyance. It can get annoying to wake at two in the morning by an airplane or an ambulance every night if you have to get up early.

All of these location issues are a problem and they will continue to be a problem because you can change everything about a home but the location.

 Comment 

Advertising

Horizon Geographics LLC

Horizon Geographics is a dynamic, veteran owned small business that provides location intelligence to government, commercial and private undertakings.

Teamworx Team Building

Teamworx is a team building company, dedicated to creating successful teams by helping team members become healthy and happier people.

Counter Traffic

Pages|Hits |Unique

  • Last 24 hours: 6
  • Last 7 days: 84
  • Last 30 days: 243
  • Online now: 1
Get plugin from http://wordpress-templates-free.com

©2012 Realty Know-How | Powered by WordPress with Easel | Subscribe: RSS | Back to Top ↑